Kalshi raises $1 billion Series G at $40 billion valuation
Wellington Management and Sequoia Capital co-led the financing for the financial exchange.
Kalshi announced a $1 billion Series G on October 29, 2026, at a $40 billion post-money valuation. Wellington Management and Sequoia Capital co-led the round.
Participants included Baillie Gifford, Stripes, Andreessen Horowitz (a16z), Coatue, Layer Global, Morgan Stanley Investment Management, Sequoia Global Equities, CapitalG, Hudson River Trading and Balyasny Asset Management.
The company plans to expand its financial exchange, extending its prediction market business across additional markets and products. Kalshi’s platform lets users trade contracts tied to the outcomes of real-world events.
Use of funds
Financial exchange development and market expansion